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Cyber Insurance Premiums to Spike 30% this Year, Predicts Risk Strategies — But a Silver Lining?

Posted on February 3, 2022 By Mark Sauter

2022’s increase will be on top of 50% hike in ’21, report says. “But conditions will likely improve for buyers, Risk Strategies CEO John Mina said in the report. ‘Sustained…

Read More “Cyber Insurance Premiums to Spike 30% this Year, Predicts Risk Strategies — But a Silver Lining?” »

Cyber Insurance Best Practices, Cyber Insurance Carriers & Brokers, Cyber Insurance Premiums

CyberCube Wins New Partner For Broker Solution 

Posted on February 3, 2022February 3, 2022 By Mark Sauter

Specialty insurance broker/risk management advisor TrueNorth Companies selects CyberCube’s Broking Manager platform. “(It) will allow the TrueNorth team to quantify and explain to its clients the sources and financial impact…

Read More “CyberCube Wins New Partner For Broker Solution ” »

Cyber Insurance Carriers & Brokers, Cyber Insurance Tech

Cyber Insurance Pure-Play Resilience Creates Captive — “Putting Its Money Where Its Mouth Is”

Posted on February 1, 2022February 1, 2022 By Mark Sauter

“’Coming off a very successful first year in the market, this is an excellent time to put our money where our mouth is and take a share of the risks…

Read More “Cyber Insurance Pure-Play Resilience Creates Captive — “Putting Its Money Where Its Mouth Is”” »

Cyber Insurance Best Practices, Cyber Insurance Policies & Strategies

Insurers & Lawyers for Policy-Holders Alert for “Silent” Cyber Coverage 

Posted on January 30, 2022January 30, 2022 By Mark Sauter

“’In most instances, having standalone cyber coverage has proven to provide the most comprehensive coverage in the cyber realm’ and insurers have made an effort to eliminate so-called ‘silent’ cyber…

Read More “Insurers & Lawyers for Policy-Holders Alert for “Silent” Cyber Coverage ” »

Cyber Insurance Best Practices, Cyber Insurance Policies & Strategies

With IT Supply Chain Now Key Focus of Cyber Insurance, Startup Sells Coverage for Cloud Outages 

Posted on January 28, 2022January 28, 2022 By Mark Sauter

“One company, New York-based Parametrix Insurance Services LLC, is targeting businesses hit by a cloud outage. Parametrix sells insurance specifically to mitigate the risks of downtime events, compensating businesses for…

Read More “With IT Supply Chain Now Key Focus of Cyber Insurance, Startup Sells Coverage for Cloud Outages ” »

Cyber Insurance Best Practices, Cyber Insurance Carriers & Brokers, Cyber Insurance Policies & Strategies

What’s an “Act of War?” More Lessons from  Merck’s $1.4 billion Cyber Insurance Lawsuit (Note Russia/Ukraine connection)

Posted on January 27, 2022January 27, 2022 By Mark Sauter

“If Merck eventually winning seems like good news for enterprises in similar policy situations, it is — but with a caveat. The vagaries of the policy meant it took five…

Read More “What’s an “Act of War?” More Lessons from  Merck’s $1.4 billion Cyber Insurance Lawsuit (Note Russia/Ukraine connection)” »

Cyber Insurance Best Practices, Cyber Insurance Carriers & Brokers, Cyber Insurance Policies & Strategies

Watch Out for SPoF Attacks in 2022, Warns CyberCube in New Report

Posted on January 25, 2022January 25, 2022 By Mark Sauter

The company’s Global Threat Brief H1-2022 calls out several sectors with significant risk: education, healthcare, manufacturing and utilities. As for specific attacks: “In the first half of 2022, we can…

Read More “Watch Out for SPoF Attacks in 2022, Warns CyberCube in New Report” »

Cyber Insurance Best Practices, Cyber Insurance Carriers & Brokers, Cyber Insurance Reports, Ransomware Insurance

Fast-Growing Fintech/Broker Acrisure Adds Cyber Services Division & Increases Focus on Cyber Insurance

Posted on January 24, 2022January 24, 2022 By Mark Sauter

Key execs: Leader of the new division is entrepreneur Bill Meara, who comes from PE player Abry Partners. He’s joined by others including Adam Abresch, EVP of Cyber Solutions and…

Read More “Fast-Growing Fintech/Broker Acrisure Adds Cyber Services Division & Increases Focus on Cyber Insurance” »

Cyber Insurance Carriers & Brokers, Cyber Insurance People, Cyber Insurance Tech

Unclear Language in “Act of War” Exclusion Gives Merck $1.4 Billion Cyber Insurance Victory 

Posted on January 23, 2022January 23, 2022 By Mark Sauter

“New Jersey Superior Court Judge Thomas J. Walsh ruled Jan. 13 that Merck’s insurers can’t claim the war exclusion because its language is meant to apply to armed conflict. The ruling…

Read More “Unclear Language in “Act of War” Exclusion Gives Merck $1.4 Billion Cyber Insurance Victory ” »

Cyber Insurance Best Practices, Cyber Insurance Policies & Strategies

German Cyber Insurtech Baobab Raises $4.2m “Pre-Seed” Round 

Posted on January 18, 2022January 18, 2022 By Mark Sauter

The start up’s website promises: “Get covered within 5 minutes.” “Baobab’s financing round was led by Project A Ventures with involvement from La Famiglia, Discovery Ventures and angel investors including…

Read More “German Cyber Insurtech Baobab Raises $4.2m “Pre-Seed” Round ” »

Cyber Insurance Carriers & Brokers, Cyber Insurance Investments and M&A, Cyber Insurance Tech

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In the wake of the Harrods hack and cyberattacks impacting other retailers, the alarming state of UK cybersecurity will be revealed in 2024. From cyberattacks hitting major UK retailers like Co-op and Harrods to small businesses struggling without protection, the message is clear—cybercrime is a national threat.

New research by Pen Underwriting reveals that while 90% of UK and Irish businesses feel secure, only 47% have dedicated cyber insurance. Even more shocking—only 18% of businesses earning under £1 million are covered. The cost isn’t just financial—real people suffer, like the couple who lost their wedding cake due to a ransomware attack.

Watch now to understand:

Why UK businesses are dangerously unprepared

How cyberattacks are more common than fires or theft

The key role of employee training, data backups, and multi-factor authentication (MFA)

Why cyber insurance is no longer optional

Visit www.cyberinsurancenews.org for the latest cyber insurance and cybersecurity updates.

#UKCybersecurity #CyberInsurance #SmallBusinessSecurity #CyberCrime
Harrods hack UK Cybersecurity Crisis: Shocking Stats, Real Victims & Business Risks. #cybersecurity
Cyber Insurance Compliance Is Reshaping Security in 2025!

Cyber insurance compliance is no longer optional—it's a driving force behind how companies build and execute cybersecurity strategies. In this video, we break down the latest insights from the 2025 State of Pentesting report:

✅ 59% of U.S. businesses now implement new security tools based on insurer recommendations
✅ 93% of CISOs are guided by mandates from insurance providers
✅ Pentesting isn't just for compliance—it's about proving you're covered and protected
✅ The average enterprise is spending $187,000+ annually on penetration testing

As premiums stabilize, cyber insurance compliance is pushing companies toward proactive, automated, and continuous risk assessment. Learn how to stay ahead, reduce exposure, and align with both regulators and insurers.

💡 Don’t forget to like, subscribe, and hit the bell to stay updated on the latest in cybersecurity and insurance trends!

#CyberInsuranceCompliance #CyberSecurity #PenetrationTesting #CISO #InfoSec #CyberInsurance #RiskManagement #Compliance2025 #EnterpriseSecurity #CyberDefense #TechTrends #InsuranceTech
Cyber Insurance Compliance Is Reshaping Security in 2025 #cyberinsurance
In this video, we break down the massive cyber insurance settlements following the CDK Global ransomware attack that rocked the automotive industry. 🚗💻

Auto giants like Asbury Automotive Group reported up to $10 million in cyber insurance recovery, while AutoNation only recently filed their claim — months after the breach! We explore the financial disclosures, the delayed responses, and what this means for car dealerships, investors, and cybersecurity preparedness.

Learn:
✔️ How cyber insurance is shaping post-breach recovery
✔️ Why SEC filings like 10-Q and 8-K matter
✔️ What lessons other businesses can learn from this
✔️ The real cost of a ransomware attack in automotive retail

🔔 Subscribe for more deep dives into cybersecurity, tech, and industry trends!
#cyberinsurance #CDKGlobal #RansomwareAttack #AutoIndustry #CyberSecurityNews
$10M Cyber Insurance Payout: CDK Ransomware Fallout Hits Auto Giants | #cyberinsurance
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